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Sustainability and Responsible Banking

Sustainability and Responsible Banking

Behind an event like the 2019 EduFin Summit, the global summit on financial education organized by BBVA’s Center for Financial Education and Capability, is a great team making sure that everything runs like clockwork. Their work is essential to ensure that the audience, from 23 different countries, enjoys this important event. An event where anecdotes and a sense of humor have their place. This is the backstory of the 2019 EduFin Summit.

Garanti BBVA has been named 'Best Bank for Corporate Responsibility' in Central and Eastern Europe at this  year's ' Euromoney Awards for Excellence'. The recognition comes on top of other accolades earned by the BBVA Group in categories such as ‘World’s Best Bank for Financial Inclusion', ‘Latin America’s Best Bank for Sustainable Finance’ or ‘Western Europe’s Best Digital Bank’.

The United Nations warns about one of the most significant global issues facing humanity, as reflected in Sustainable Development Goal (SDG) 13: climate change and its impacts. “Without action, the world’s average surface temperature is likely to surpass 3ºC this century. The poorest and most vulnerable people are being affected the most.” BBVA’s approach to business is accompanied by a firm commitment to mitigating the effects caused by climate change and integrating them into its risk management model.

BBVA was recognized in six different categories in the 2019 edition of the Euromoney Awards for Excellence. The bank won the award for the ‘World’s best bank for financial inclusion,’ ‘Western Europe’s best digital bank,’ ‘Latin America’s best bank for sustainable finance,' ‘Latin America’s best bank for transaction services,’ ‘Mexico’s best investment bank,’ and 'Best bank for corporate responsibility' in Central and Eastern Europe.

In this interview, José María Roldán, Chairman of the Spanish Banking Association (AEB), emphasizes the need to make sure that “no one is left out of the digitization process and the opportunities it creates”. Just a few hours before the opening of the third edition of the EduFin Summit - which will be held at Ciudad BBVA, the bank’s corporate headquarters in Madrid, on July 11 and 12 - the AEB Chairman weighs in on the financial sector’s approach to user confidentiality matters: “It is something that is ingrained in our DNA. And this is something that is not that clear in the case of many tech operators, whose main source of income is selling data,” he says.

United Nations Sustainable Development Goal (SDG) 12 entails using resources and energy efficiently, building infrastructure that doesn’t damage the environment, improving access to basic services and creating green jobs with fair pay and good labor conditions. BBVA helps to attain this SDG with sustainable action and initiatives designed to develop the economy and improve the quality of life life for everyone.